Technical analysis Brent for 14.02.2022
14.02.2022 16:35
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the top of the cloud. The closest resistance is the level 93.40
Key levels
- 98.40, 96.90,94.50, 93.40, 92.40, 91.20, 89.90, 87.50, 86.45, 84.50
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 94.50 and Stop Loss of 91.20
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 96.90, with Take Profit of 94.50 and Stop Loss of 98.40
Scenario
Recommendation
BUY
Entry Point
Take Profit
94.50
Stop Loss
91.20
Key Levels
98.40, 96.90,94.50, 93.40, 92.40, 91.20, 89.90, 87.50, 86.45, 84.50
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
96.90
Take Profit
94.50
Stop Loss
98.40